In the view of PGIM Fixed Income’s Gabriel Doz, today’s market backdrop—solid growth in the 2% range and inflation converging toward the Fed’s 2% target— helps showcase the deep experience and nimble nature of the PGIM Multi Asset Credit Fund’s investment team.
In this scenario, which PGIM Fixed Income has dubbed “moderation,” the Fund’s portfolio managers determine how much risk to take for the portfolio based on macroeconomic conditions and the firm’s overall risk appetite. Then they allocate across a broad range of fixed income sectors and regions, tapping the expertise of one of the world’s largest credit research teams.
‘Our sector specialists do the trading and buy the best ideas across the fixed income spectrum,’ said Doz, a PGIM Fixed Income Portfolio Specialist who was interviewed recently at Portfolio Adviser Summer Congress.
Doz sees the Fund fitting strategically into an investor’s portfolio for several reasons:
- Allows investors to ‘outsource’ credit decisions to a leading active fixed income manager, benefiting from the team’s sector allocation and security selection expertise
- Offers elevated yield for income-seeking investors
- Complements strategic bond funds from peers
Watch the full video for more insights.
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